Commercial Auto Coverage

Training Manual Table of Contents
Section One: Commercial Auto Loss Exposures and Introduction to Commercial Auto Coverage
Commercial Auto Loss Exposures  2
Property Loss Exposures  2
Liability Loss Exposures 3
Workshop 1.1 - Commercial Auto Loss Exposures 5
Managing Commercial Auto Loss Exposures  6
Workshop 1.2 - Managing the Commercial Automobile Risk 8
Introduction to Commercial Auto Insurance 9
Exhibit 1.1 - Compulsory Minimum Auto Insurance Limits  9
Exhibit 1.2 - Commercial Auto Insurance Loss Ratios  10
Policy Structure 11
Exhibit 1.3 - Common Policy Declarations 13
Section Two: Business Auto Coverage Declarations and Definitions
Business Auto Declarations 18
Exhibit 1.2 - Business Auto Declarations  21
Definitions 28
Workshop 2.1 - Definitions 35
Section Three: Physical Damage Coverage
Insuring Agreement  37
Workshop 3.1 - Collision or Comprehensive  42
Exclusions 44
Limit of Insurance 47
Deductible 48
Workshop 3.2 - Section III Coverage 49
Section Four: Liability Coverage
Insuring Agreement 52
Insured Defined  53
Workshop 4.1 - Who’s Insured  55
Coverage Extensions 56
Exclusions 57
Limit of Insurance 63
Workshop 4.2 - Liability Coverage Problems 65
Section Five: Business Auto Conditions
Loss Conditions 69
General Conditions 72
Section Six: Common Endorsements
No Fault 78
Workshop 6.1 - The Foundations of No Fault  82
Uninsured Motorist Coverage 83
Workshop 6.2 - Uninsured Motorist Coverage 90
Workshop 6.3 - Putting It All Together  91
Appendix A: Garage Coverage Form 93
Appendix B: Motor Carrier Coverage Form 111
References 128